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19 Mar 2017

Mohamed Farag (Daily News, Egypt)

Egypt: Tractebel, Marubeni, General Electric and others reportedly involved in mega coal power plants

Electricity Ministry contracts with Tractebel to assess offers for $10bn coal-fueled power plant, 25 January 2017

The Ministry of Electricity contracted with Belgian consulting office Tractebel Engineering consultancy company to assess the most suitable technical and financial offer across seven presented bids to establish a coal-fueled power plant that will cost $10bn with a 6,000 MW output. Sources at the ministry said that the consulting office will review the bids and their technical, legal, and financial aspects. The assessment results will be made public in April. The source added that the ministry aims to sign an agreement for the plan in 2017, while implementation will be planned in mid-2018, as part of the ministry’s plan until 2035. Moreover, he said that the ministry received offers from companies such as Shanghai Electric, Dongfang Electric, Harbin Electric International and General Electric alliance, as well as Marubeni and ElSewedy Electric alliance.